Indiabulls Housing Finance Limited

apply now

Prepayment Charges

Non-Home Loans ( Loan Against Property / Home Equity / Commercial Purchase / Top-Up):

Individual Floating Rate Loans (all borrowers / co-borrowers are Individuals)

  • Nil prepayment / foreclosure fees applicable

Nil prepayment / foreclosure fees applicable

  • Nil prepayment fees applicable for all payments up to 25% of the principal outstanding (POS) inclusive of all prepayments made within preceding 12 months.
  • Where prepayment amount exceeds 25% of principal outstanding (POS), inclusive of all prepayments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will attract pre-payment fees as applicable.
  • Prepayment / Foreclosure fees applicable on foreclosure payments inclusive of all prepayments made within preceding 12 months.
  • Prepayment / Foreclosure fees of 5% applicable for the initial 2 years from the date of first disbursement and 3% then-after; unless specifically mentioned in the borrowers’ loan agreement.
  • Services Tax as applicable on pre-payment / foreclosure fees.

The above fees/charges are subject to change without prior notice